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Toshiba President Satoshi Tsunakawa meets press in Tokyo on Feb. 14.
Business

Toshiba announces $6.3bn write-down on nuclear unit

Chairman steps down to take responsibility for huge loss

KENTARO IWAMOTO, Nikkei staff writer | Japan

TOKYO -- Toshiba on Tuesday said that a 712.5 billion yen ($6.3 billion) impairment charge on its nuclear operations will lead to a 499.9 billion yen net loss for the nine months through December.

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